Tech platform ACESO plans to add 60 more channel partners in FY 2024-25

ACESO, a tech platform in insurance assignment business, is planning to add 60 more channel partners in the ongoing financial year.

The company currently has 40 channel partners.

"Currently, we have 40 channel partners and we want to add another about 60 more channel partner during this year," ACESO Founder Director Ketan B Mehta said.

With this, the total number of partners would cross 100, he said, adding that they will help company grow business by connecting with policy holders and insurance agents.

ACESO helps to monetise the endowment policies held by a life assured of LIC, to ensure financial benefits, along with continuation of risk cover till maturity, in cases where the policies are sought to be surrendered or lapsed.

The company endeavours to achieve this objective through the assignment of endowment insurance policies of LIC to a registered Trust managed by SEBI registered Trustee viz. Beacon Trusteeship Ltd, Mehta said.

He further said the company has recently launch